Owens Corning (NYSE:OC) reported stronger-than-expected second-quarter results, beating Wall Street forecasts for both earnings and revenue and sending its shares nearly 4% higher in pre-market trading.
The building materials manufacturer posted adjusted earnings of $3.93 per share, comfortably ahead of the ***** yst consensus estimate of $3.07. Quarterly revenue totalled $2.76 billion, exceeding expectations of $2.65 billion and remaining broadly unchanged from the same period last year.
The company generated an adjusted EBITDA margin from continuing operations of 24% during the quarter, highlighting resilient profitability despite a mixed market environment.
Chair and Chief Executive Officer Brian Chambers said the results reflected the benefits of the company's strategic transformation.
"These outstanding second-quarter results demonstrate the strength of our reshaped company," Chambers said. "Our performance is a direct result of our strategic pivot to build a large-scale, residential-focused building products company with unique and unifying competitive advantages across market-leading businesses."

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